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Fxcapitaltrade

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Operating status: SCAM

Website: https://www.fxcapitaltrade.org/

Broker violations and abnormal records
  • 2024-01-08 BrokersView has Reviewed that Fxcapitaltrade is an Unregulated Broker

    Fxcapitaltrade claims to be regulated in the USA, we searched the National Futures Association (NFA) by the company name Fxcapitaltrade/ADVANCETRADEIQ but found no matching results.

    The truth is that Fxcapitaltrade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.

    Fxcapitaltrade is a scam.

    Fxcapitaltrade claims to be regulated in the USA, we searched the National Futures Association (NFA) by the company name Fxcapitaltrade/ADVANCETRADEIQ but found no matching results.The truth is that Fxcapitaltrade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.Fxcapitaltrade is a scam.

Related Complaints

Q&A

Where was Fxcapitaltrade founded? Does it have a license there?

Christelle Hawilo
Botswana
2024-01-18
ANSWER Fxcapitaltrade claims to be incorporated in the US, as it provides a "Business License" in America. However, its assertion lacks credibility as it operates outside of any regulatory frameworks enforced by the US authorities.For Fxcapitaltrade to be a legitimate forex broker in the US, it is mandatory to register as a member of the National Futures Association (NFA). However, the NFA register doesn't include this company.Given the unlicensed status, Fxcapitaltrade is far from a secure choice for investors. It poses risks of fraud and identity theft. To avoid falling victim to fraud schemes, it is advised to steer clear of unlicensed platforms like Fxcapitaltrade and instead choose those under strict regulation.
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